Mulpha International Bhd (XKLS:3905) Retained Earnings: RM1,957 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:3905 Mulpha International Bhd XKLS:3905
71 GF Score
Price RM2.94
GF Value RM4.50
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Mulpha International Bhd Retained Earnings?

Mulpha International Bhd XKLS:3905 -0.34% 71 Retained Earnings is RM1,957 Mil as of Mar. 2026. GuruFocus rates XKLS:3905 with a GF Score™ of 71/100 and a GF Value™ of RM4.50 (Possible Value Trap). The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mulpha International Bhd's retained earnings for the quarter that ended in Mar. 2026 was RM1,957 Mil.

Mulpha International Bhd's quarterly retained earnings increased from Sep. 2025 (RM1,821 Mil) to Dec. 2025 (RM1,935 Mil) and increased from Dec. 2025 (RM1,935 Mil) to Mar. 2026 (RM1,957 Mil).

Mulpha International Bhd's annual retained earnings increased from Dec. 2023 (RM1,473 Mil) to Dec. 2024 (RM1,544 Mil) and increased from Dec. 2024 (RM1,544 Mil) to Dec. 2025 (RM1,935 Mil).


Mulpha International Bhd  (XKLS:3905) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Mulpha International Bhd Retained Earnings Historical Data

* Premium members only.

The historical data trend for Mulpha International Bhd's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mulpha International Bhd Retained Earnings Chart

Mulpha International Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,243.15 1,363.28 1,473.00 1,544.00 1,935.00

Mulpha International Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,539.57 1,790.84 1,821.46 1,935.00 1,956.68
XKLS:3905
71GF Score
Mulpha International Bhd XKLS:3905
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mulpha International Bhd Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of RM1,957 Mil mean?
Mulpha International Bhd (XKLS:3905) has a Retained Earnings of RM1,957 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Mulpha International Bhd and its competitors.
Is Mulpha International Bhd's Retained Earnings too high?
Mulpha International Bhd's current Retained Earnings is RM1,957 Mil. Overall, Mulpha International Bhd has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mulpha International Bhd's Retained Earnings compare to MMM and HON?
Mulpha International Bhd's Retained Earnings of RM1,957 Mil can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Conglomerates company?
A good Retained Earnings depends on the Conglomerates industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Mulpha International Bhd and its competitors. Mulpha International Bhd's current Retained Earnings is RM1,957 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mulpha International Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mulpha International Bhd (XKLS:3905) is currently considered Possible Value Trap. The stock's GF Value™ is RM4.50, compared to a current price of RM2.94 — trading 34.7% below its estimated fair value. The current Retained Earnings is RM1,957 Mil. Mulpha International Bhd's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Mulpha International Bhd (XKLS:3905), the current Retained Earnings is RM1,957 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mulpha International Bhd (XKLS:3905) Overvalued in 2026?

Based on GuruFocus' analysis, Mulpha International Bhd stock appears to be undervalued. The current stock price of RM2.94 is trading 34.7% below its estimated GF Value™ of RM4.50. GuruFocus considers Mulpha International Bhd to be Possible Value Trap.

Key valuation signals for XKLS:3905:

  • Retained Earnings: RM1,957 Mil
  • GF Value™: RM4.50 vs. price of RM2.94 (34.7% below fair value)
  • GF Score™: 71/100 with 3 warning signs

No single metric tells the full story. See the XKLS:3905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mulpha International Bhd Business Description

Address No. 12A, Jalan PJU 7/3, Suite 11-1, The Office Club, Level 11, Menara Mudajaya, Mutiara Damansara, Petaling Jay, SGR, MYS, 47810
Mulpha International Bhd is an investment holding company. The operating segments of the company are Hospitality and Leisure, which derive key revenue, including hotel and service apartment ownership and/or operation, food and beverage operation, entertainment and events; Property Development; Property Investment and Finance that consists of real estate investment, licensed money lending, and financial service provider; and Investment and Others includes investment holding, investment in securities, education and others. Its geographical segments include Australia, Malaysia, and New Zealand, of which Australia derives the maximum revenue.
71GF Score

Get the complete analysis for XKLS:3905

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM2.94
Price
RM4.50
GF Value